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Macroeconomics Simplified:Understanding Keynesian and Neoclassical Macroeconomics Systems


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1 Department of Finance, Room No. 311, 3, Kantemirovskaya, National Research University, Higher School of Economics, Saint Petersburg 194100, Russian Federation
     

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Macroeconomics is very vast and interesting topic. Macroeconomics deals with the general economic factors like Gross Domestic Product (GDP), interest rate, unemployment, government expenditure, tax policies, etc. These variables are of high interest to the government for economic, social and political development at both country and global levels. These terms are a bit technical and need a proper and indepth understanding especially to those who are very new to economics and are interested to make their career in economics and in allied fields. Sometimes it becomes difficult to understand the basic macroeconomics topics and one needs pictorial explanations for better understanding.
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  • Macroeconomics Simplified:Understanding Keynesian and Neoclassical Macroeconomics Systems

Abstract Views: 177  |  PDF Views: 0

Authors

Moinak Maiti
Department of Finance, Room No. 311, 3, Kantemirovskaya, National Research University, Higher School of Economics, Saint Petersburg 194100, Russian Federation

Abstract


Macroeconomics is very vast and interesting topic. Macroeconomics deals with the general economic factors like Gross Domestic Product (GDP), interest rate, unemployment, government expenditure, tax policies, etc. These variables are of high interest to the government for economic, social and political development at both country and global levels. These terms are a bit technical and need a proper and indepth understanding especially to those who are very new to economics and are interested to make their career in economics and in allied fields. Sometimes it becomes difficult to understand the basic macroeconomics topics and one needs pictorial explanations for better understanding.